Easy Trading Tips offers free forex and commodities technical analysis, trading forecast, latest stock market, forex, commodities & business news, real time quotes, live charts, live markets data, economic calendar and many more.
The Crude Live Chart provides real-time crude oil prices updated per second without refreshing the page. In our real-time Crude Oil chart, a wide range of tools are available to fully understand the energy market.
CRUDE OIL
The Crude oil is one of the most popular commodities in the world because it can be separated or refined into various consumer, industrial and energy products. Like all commodities, oil prices are heavily influenced by supply and demand. Due to the wide range of applications of commodities, the demand for oil usually depends on the overall global economic growth. In times of economic prosperity, demand tends to increase, and when the world economy performs poorly, demand also declines. Oil has traditionally been priced in dollars, so demand may also be affected by the relative strength of this particular currency, and even as investment becomes more attractive when the dollar weakens.
